Stock market scenario different from last 4 post election scenarios

Last 3 months has been devastating as Dhaka Stock Exchange has seen a drop of DSEX by 9.71% due to the ongoing liquidity crunch and lack of trust of the investors in the market. However, last 4 post election scenarios have been different. In 1996, the then prime index (DGEN) boosted up 78%. In 2001, DGEN rose 26.09%. 2008 also saw a spike of 4.98%. Even after the 2014 election, the general index rose 6.37%. In February, credit growth rose only at 12.54 percent, the lowest since October 2014. The growth was much lower than the central bank’s target of 16.5 percent for the second half of fiscal 2018-19.

Elvis Gomes

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